63% of those with a partner say they have not discussed life insurance with their partner, 29% say life insurance is too unpleasant or difficult to discuss. Having a difficult 10 minute conversation could save years of financial difficulty if the unforeseen strikes. What statistic are you?
Private health insurance covers a portion of the fee the medical specialist charges (medicare does pay a gap – but this is a small portion in comparison). When considering private health care it is important to consider that the government will charge you a medicare surcharge through your tax if you earn over a certain amount and do not have private insurance. In some cases you may save yourself money you would otherwise pay in tax if you take out private health insurance.